BUSINESS HEADLINES 5/19/15: 200 Latest Breaking Business and Economy News and Top Stories

Time Warner Cable chairman and CEO Rob Marcus received $34.6 million in total compensation in 2014, more than four times his take in 2013 and fueled mainly by big gains in stock awards. Marcus, who spent most of last year preparing for a...

Expanding past iOS to browser (and soon to Android), Fountain matches your question to an expert for a fraction of the cost of a home call. How-to videos are some of the most popular searches on YouTube , but there's a vast gulf between ...

Can I smoke pot in the office? ... No? Okay, but what if I really want to? Today's office environment can be a tough one to navigate. Offices are much more open and free form, leading some people to be perhaps a little too loose with the...

(Reuters) - The financial chief of Anthem Inc , the second-largest U.S. health insurer, said on Tuesday that low interest rates and other conditions make it a good time for an acquisition, adding to speculation about merger activity in t...

DETROIT (Reuters) - Aston Martin will decide whether add production at another plant by the end of the year and it would likely be in the United States, the British luxury sports car maker's chief executive told Automotive News.

NEW YORK, N.Y. – U.S. stocks are drifting mostly lower in early trading as the market comes off its latest record high. Major markets in Europe rallied after a European… The post US stock indexes drift in early trading as mar...

DUBLIN (AP) — A Northern Ireland bakery was found guilty Tuesday of discrimination for refusing to make a cake bearing the slogan "Support Gay Marriage," a verdict welcomed by human rights activists but denounced by Christian conservativ...

The House panel that decides defense spending has approved a $578.6 billion plan that fully funds a 2.3 percent pay raise for military men and women and prevents the retirement of the A-10 aircraft that protects ground troops.

China's Premier Li Keqiang will accelerate plans for an ambitious railway linking Brazil's Atlantic coast with a Pacific port in Peru, and announce billions in other investments and trade deals, when he visits Brasilia on Tuesday. …...

The seemingly never-ending debate about whether it's better for children if their mothers work or stay at home has long focused on the impact on young kids. How do their test scores fare? What about their social skills? How's their emoti...

Asians Americans and Pacific Islanders (AAPI) are the fastest-growing racial group in the United States; their population is expected to double to more than 47 million by 2060 . Yet the needs of these communities are rarely discussed, be...

Australian nonprofit Nutrition Australia is advising citizens about the harms of unhealthy eating, which has left the island country with one of the highest obesity rates in the world. The campaign centers around a modern day food pyrami...

(Reuters) - Home Depot Inc reported higher-than-expected quarterly profit and sales on Tuesday and raised its full-year earnings forecast as North American customers spent more on home repairs after a harsh winter.

Wall Street Journal Home Depot Nails It in 1Q as Housing Rebound Emerges New York Times ATLANTA — A busy spring pushed Home Depot's first-quarter profit and revenue above Wall Street expectations and the world's biggest home impr...

Basic facts about the Trans-Pacific Partnership (TPP) are under public dispute. Fast track must not be approved until this is cleared up. We the People deserve to know what is being voted on with fast track. The Dispute There is a big pu...

Pressure mounts on Athens to reach a deal before facing new debt repayments in June Leaders of Germany and France want more progress Greek minister: We need a deal by June 5 Merkel and Tsipras could discuss crisis in Riga Earlier: UK ent...

(Reuters) - U.S. stocks were little changed on Tuesday, constrained by Wal-Mart's weak results and as investors took a breather after a rally that took the Dow Jones industrial average and the S&P 500 to record closing highs the previous...

WASHINGTON – The House panel that decides defence spending has approved a $578.6 billion plan that fully funds a 2.3 per cent pay raise for military men and women and… The post House panel approves $578.6 billion for defence;...

DETROIT (Reuters) - The 2014 Compensation of JPMorgan Chase & Co CEO Jamie Dimon and other top bank executives won support from only 61 percent of shareholder votes cast at the company's annual meeting on Tuesday, according to a prelimin...

The partnership with Snapdeal is targeted especially towards a younger segment of consumers who are digitally active and prefer purchases that provide easy access and transactions without investing much time, the company said.

U.S. homebuilders ramped up construction in April to the fastest pace in nearly seven-and-a-half years, hinting at newfound momentum for an economy that has struggled in recent months. … Click to Continue »

A penny in taxes for every ounce of soda sold in Berkeley, California, is adding up, generating $116,000 in its first month, city council members said Monday. The tax, the first of its kind in the nation, aims to discourage people from d...

ATHENS/BRUSSELS (Reuters) - Greece's European lenders on Tuesday played down Athens's hopes of a swift end to negotiations on an aid agreement and said talks must speed up before the country runs out of cash.

Join Daniel Goleman and Gregory Norris at Harvard's SHINE Summit June 4 and 5 . A Force for Good print/ebook and audiobook for will be available June 23, 2015. Sign up here to learn more about the Join a Force for Good initiative. Regist...

Cue the screeching violins . Pamela Anderson has stripped down once again to protest the horrors of the meat and dairy industries. The 47-year-old actress and longtime PETA advocate posed nude in a "Psycho"-inspired ad that also targets ...

PETALING JAYA: Efforts to rationalise its operations last year are beginning to reflect on the performance of Star Publications (M) Bhd. It recorded a 63% increase in net profit to RM26.55mil for the first quarter ended March 31, against...

By John Lee. Oil major BP has reportedly agreed with the Iraqi oil ministry to cut this year’s expenditure on development work at Rumaila oilfield from $3.5 billion (4.1-billion-Iraqi-dinar) to $2.5 billion. According to The Econom...

Josh Topolsky, editor for Bloomberg Digital and chief digital content officer for Bloomberg Media, sent the following hiring announcement to the staff this morning: Some very exciting news to share. Emily Banks (@emjbanks) will.....

US housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter.

India's current account deficit is likely to remain at "manageable levels" of around 1.5 per cent of GDP in the current fiscal year despite a marginal rise in oil prices and sluggish manufacturing exp...

"Because essentially what these carriers have done is with subsidised government strategies, come into the marketplace to basically shift the traffic off of us and take us out of the Indian market," said chief executive of Delta Airlines...

The Bulk Oil Distribution Companies have rejected claims that they are to blame for the latest fuel prices increases. The Chief Executive of the Chamber of BDCs, Mr. Senyo Hosi, says the claims are misinformed and misplaced. The National...

KUALA LUMPUR: Tune Ins Holdings Bhd (TIH) recorded profit after tax of RM17.2mil in the first quarter, a 6.9% increase over the same period last year (if Q1 2014's one-time gain is excluded) due to a strong travel business.

Shareholders took the Barclays Africa board to task on on recent performance, executive remuneration and CEO Maria Ramos’s time commitments. ||| Johannesburg - The Barclays Africa board fended off a mild onslaught from shareholders...

Prime Minister David Cameron is confident his plan to hold a European Union membership referendum will ultimately give firms more certainty, his spokesman said, after Deutsche Bank disclosed it was making contingency plans for a British ...

Some of Tuesday’s top business news stories: The Wall Street Journal Uber battles locals for future of African taxis, by Heidi Vogt Behind Apple’s move to shelve TV plans, by Daisuke Wakabayashi The New...

PETALING JAYA: Pestech International Bhd subsidiary Diamond Power Ltd has awarded a US$60.60mil (RM217.56mil) contract to two other Pestech subsidiaries to design, build, test and commission a transmission system project in Cambodia.

In a bid to attract more foreign investment, the government is looking at doing away with the mandatory approval of the Reserve Bank of India (RBI) which currently is needed after an investment propos...

Forbes Media has sold its majority stake in RealClearPolitics, reports Richard Horgan of FishbowlNY. Horgan writes, “The purchase price is not being disclosed. From this morning’s announcement: “We’re thrilled to have Crest Media a...

China Renaissance, one of the leading independent investment banks in the country, predicts Hong Kong will soon establish itself as the gateway for "new economy" entrepreneurs from the mainland to expand globally.

Airbus has ordered engine software checks on the A400M military aircraft following the recent fatal crash of one of its new troop and cargo carriers. The request reportedly came after the discovery of a software bug.

Government data shows Vietnamese online shoppers spent almost US$3 billion last year. However, experts are skeptical of the healthy number, while consumers' preference for cash over credit cards may also hamper growth in the sector.

MOSCOW, May 19 (Reuters) - Russia may exempt around 20 firms in Hungary, Greece and Cyprus from its embargo on food imports from the European Union, Interfax news agency quoted a senior official as saying on Tuesday.

Economist and banker who was the first president of the European Monetary Institute Baron Alexandre Lamfalussy, who has died aged 86, won a place in history after a long and worthy career as a high-class economist and first-rate banker o...

WASHINGTON, May 19 (Reuters) - The U.S. Marine Corps is not halting flights of UH-1 helicopters or V-22 tilt-rotor Ospreys despite recent deadly accidents in Nepal and Hawaii, the general in charge of Marine Corps aviation said on Tuesday.

The surge in the USDollar and "good" housing data has created carnage in commodities. Silver, crude, copper, and gold are all getting hammered this morning as the S&P is unchanged as moar Q€ was trumped by hawkish "good" data... &nbs...

WASHINGTON, May 19 (Reuters) - U.S. housing starts jumped to their highest level in nearly 7-1/2 years in April and permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter.

A new report has found a small amount of Return on Investment (ROI) by the federal government for cybersecurity investments. The report, commissioned by (ISC)2 (ISC-squared) and conducted by Frost & Sullivan, surveyed nearly 14,...

Remember when news, fundamentals, ungoalseeked "data", and even math, mattered? Since it is becoming increasingly hazy, here is Bloomberg's Richard Breslow waxing nostalgic over the good old days. Cui Bono, by Richard Breslow The bad new...

UPDATE: Greek Default Would Mean Poverty Trap, Dijsselbloem Tells VN The Humanitarian Crisis Relief program was one of the top priorities of the SYRIZA-Independent Greeks coalition government and it was pushed forwards despite the Troika...

WASHINGTON, May 19 (Reuters) - UPS has agreed to pay $25 million to settle some allegations that it submitted false claims to the U.S. government in an attempt to hide late deliveries, according court documents unsealed on Tuesday and re...

Tesla's home energy storage battery announcement made big waves in the industry, leading the company to sell nearly 40,000 units in the first week. But what does an inexpensive home storage system mean for the grid -- and how will it aff...

Dozens of startup companies from all around the world met in Washington, D.C. last week to compete for funding as part of the startup incubator 1776’s second annual Challenge Festival. Sixteen energy-specific companies took part in...

Submitted by Michael Johnston At Fixed Income Database The Windy City's financial woes are unlikely to blow over any time soon. Following an Illinois Supreme Court ruling earlier this month, Chicago’s bonds received a downgrade to “junk”...

DETROIT, May 19 (Reuters) - Aston Martin will decide whether add production at another plant by the end of the year and it would likely be in the United States, the British luxury sports car maker's chief executive told Automotive News.

CATANIA, Italy, May 19 (Reuters) - Two smugglers arrested over the deaths of hundreds drowned in the Mediterranean's most deadly shipwreck in decades will not be charged with kidnapping because assertions migrants had been locked below d...

Non-alcoholic beer is no longer seen as a product for abstinence but as a positive choice. And as consumption occasions grow and overlap those of soft drinks, experts suggest big soft drink players will have an increasing interest in the...

Container cargo flow through Southern California’s Port of Long Beach increased 7.9 percent in April compared to the same month last year, leading to the busiest April for the port in nine years. A total of 614,860 TEUs (twenty-foo...

Oil major British Petroleum has teamed up with China’s Sinopec Fuel Oil in a joint venture that would focus on marine fuel business, BP said in a statement. Under the deal, the 50-50 pct joint venture, Sinopec Marine Fuels Pte Ltd,...

Container volumes at the US West Coast Ports of Seattle and Tacoma stabilized in April, growing 1 percent year to date to 1,106,384 TEUs, the Puget Sound ports said in a release. The moderate volumes reflect the return of normal operatio...

IndustryWeek presents "you write the caption," featuring drawings by award-winning cartoonist Jerry King. Please submit your best caption for the cartoon below by using the comments feature. The winning caption will be featured...

The Merriam-Webster dictionary defines a meeting as "a gathering of people for a particular purpose (such as to talk about business)." For many years, the Atlanta-based Americas Apparel Producers Network's ...

For months now, TW editors have been reporting anecdotal evidence of rising textile mill plant and equipment outlays. But just-released government data, offers substantial confirmation that this is indeed ...

Duke Energy says it plans to build a natural gas plant to replace its aging coal-fired plant in Asheville. Duke's Carolinas region president Lloyd Yates said Tuesday that the $1 billion project will meet the growing needs of customers as...

DNV GL has developed a new unmanned floating LNG concept intended to unlock the potential of remote offshore gas fields by overcoming some of the exiting operational challenges. The concept is called Solitude and combines exiting technol...

Dynamic duo Thierry and Daniela Boutsen each run their independent business aviation-related companies. Thierry is founder and chairman of Boutsen Aviation, and his wife, Daniela, is founder and president of complementary company Boutsen...

During the last few days of reading and proofing the list and stories associated with our annual Housing Giants report, I came across this article headline on the Web, published by Bloomberg Business: “New York Apartments, Art, Top Gold ...

(Telecompaper) LG Electronics announced two new versions of its flagship G4 smartphone. The G4 Stylus and G4c will begin shipping to retailers around the world in the next few weeks and throughout the month of May. Both devices are more ...

(Telecompaper) Vodafone Group reported a return to organic service revenue growth of 0.1 percent in its fiscal fourth quarter to March. Underlying revenues in Europe were down 2.4 percent year-on-year, while its AMAP region grew by 6.0 p...

Few people embody the backyard inventor better than Charles Brush . In 1887, he built behind his mansion in Cleveland, Ohio, a 4-ton wind generator with 144 blades and a comet-like tail, and used it to power a set of batteries in his bas...

The International Chamber of Shipping (ICS) voiced its fears that the unilateral stance taken at last week’s IMO MEPC meeting by the United States regarding the progress on ballast water implementation problems may actually have th...

The Prime Minster of India Narendra Modi has visited Hyundai Heavy Industries (HHI) as part of his two-day visit to South Korea, to seek increased partnership between Indian shipyards and HHI, with a particular focus on the construction ...

Plans to establish the Middle East’s second regional, biannual business aviation show are swinging into high gear in Morocco and at the Middle East and North Africa Business Aviation Association. read more